‘Month’ for TDS Default penalty means 30 Days, not British Calendar Month

E.I. DuPont India P. Ltd. Vs DCIT (ITAT Delhi)

AO had taken the month to be the British calendar month as defined in Section 3(35) of the General Clauses Act and it is only on that premise, he calculated one day in March and two days in May as two full months and calculated interest for three months including the month of April also.

In CIT vs. Arvind Mills Ltd. (supra, in the context of interest on refunds u/s 244A of the Act, the Hon’ble Gujarat High Court held that the term ‘month’ must be given the ordinary

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